Examining Mike Huckabee's Fiscal Record: It's Very Un-Republican
Mike Huckabee is the Republican in the presidential race who spends the most time talking about middle Americans—their health...
Mike Huckabee is the Republican in the presidential race who spends the most time talking about middle Americans—their health care needs, their lack of job security, the crumminess of the schools that educate their children, etc. His attention to these seemingly left-of-center issues—and the lengths to which he went to act on them as governor of Arkansas—has gotten him branded as an irresponsible tax-and-spender by some parts of the GOP establishment. Bob Novak, for example, called him a member of the "Christian left."
So with the help of the magnificent FactCheck.org, let's take a look at Huckabee's financial record.
Huckabee claims to have cut taxes "almost 94 times" while Governor. (An odd construction, but whatever.) He adds that he saved "the people of Arkansas almost $380 million." That's true. Huckabee cut taxes 90 times from 1997 to 2005, reducing state revenues by $378 million.
But Huckabee also presided over 21 tax increases, none of which he mentions on the stump. And those tax increases totaled much more than $378 million. According to the Arkansas Department of Finance and Administration, the "net tax increase under Huckabee's tenure was an estimated $505.1 million," adjusted for inflation.
Spending did go up under the Huckabee regime—the state budget was $10.4 billion in his first year as Governor (again, adjusted for inflation), while it was $15.6 billion in 2006. So he is, technically, a tax-and-spender. But Huckabee balanced the Arkansas state budget every year he was governor (balancing the budget is a requirement under Arkansas state law) and in the end, Huckabee had a positive effect on the state ledger: He faced a $200 million deficit in 2002, but ended his term with a $844.5 million surplus. That's a billion dollar turnaround, taxing-and-spending be damned.
A bit more, after the jump.